Citizens (NASDAQ:CIZN) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Citizens (NASDAQ:CIZN) in a research note issued to investors on Wednesday. The firm issued a sell rating on the bank’s stock.

Citizens Price Performance

NASDAQ:CIZN opened at $8.01 on Wednesday. The company’s fifty day moving average price is $9.57 and its 200-day moving average price is $9.22. Citizens has a 1-year low of $7.65 and a 1-year high of $11.00. The firm has a market capitalization of $45.15 million, a P/E ratio of 8.17 and a beta of -0.06.

Citizens Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 21st were paid a $0.16 dividend. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.99%. Citizens’s payout ratio is 8.16%.

Citizens Company Profile

Citizens Holding Company operates as the bank holding company for The Citizens Bank of Philadelphia that provides various commercial and personal banking products and services. It offers demand deposits; and savings and time deposit accounts. The company also provides secured and unsecured loans; mortgage loans; single and multi-family housing, farm, residential and commercial construction, and commercial real estate loans; commercial, industrial, and agricultural production loans; and consumer loans, as well as issues letters of credit.